Ohio Gov. Mike DeWine Meets with PTT re Cracker – Still No FID

PTT Ohio cracker site (click for larger version)

Near the end the year for the past 3-4 years we inevitably hear that PTT Global Chemical will not, as promised or implied, make a final investment decision (FID) about building a multi-billion dollar ethane cracker in Belmont County, Ohio, but that the FID will instead happen “next year.” Ohio Gov. Mike DeWine (RINO) met with PTT representatives yesterday to discuss the project. No announcements. No new promises. No FID announced. Another disappointment (cue George Michael song “Last Christmas”).

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